Detached house for sale in Aldrin Road, Exeter EX4

Located in the desirable Pennsylvania area of Exeter, this professional HMO presents a prime opportunity for investors. The property includes 6 high-quality, fully furnished bedrooms, complete with essential communal facilities, perfectly suited to meet the demands of working professionals. The property currently has a rental income of £43,020 per annum. The current owner is in the process of applying for planning permission to convert one of the communal areas to a 7th bedroom, this would add approximately another £7,800 to the yearly rent.

The property has already been granted a licence for 7 occupants from Exeter City Council, once the planning application has approved, the property will comprise, a large and spacious communal lounge, kitchen/ dining room leading to a good sized utility room, 7 double bedrooms, 1 bathroom, 1 shower room and a further cloakroom on the ground floor. The property also benefits from a driveway, providing parking for 2 cars, alongside the garage. There is an incredibly large garden to the rear, arranged on three levels.

Investors will value the seamless management provided by a professional team, ensuring first class service and maintenance. This turnkey solution is ideal for those aiming to bolster their portfolio in the professional rental market with minimal operational involvement required.

Seize this exceptional opportunity to secure a valuable asset in one of Exeter’s most esteemed neighborhoods, promising a stable and increasing income. Contact us to explore this and other exclusive off-market investment opportunities. We're here to assist you in finding the ideal addition to your investment portfolio.

Note: Please note this property will be being sold with all tenants in situ.

EPC rating: E.